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What’s mind blowing is Banks could easily move deposit entries from one ledger to another using traceable, signed, encrypted, reproducible, auditable, public le
by exabrial 4y ago
What’s mind blowing is Banks could easily move deposit entries from one ledger to another using traceable, signed, encrypted, reproducible, auditable, public ledgers… instead of a central authority….. ah crap now I’m advocating for block chain.
- pjc50 4y agoYou could also do that with a regular database, and you definitely don't want it to be public or consume as much energy as a small country. https://www.ecb.europa.eu/paym/target/tips/html/index.en.html https://www.ecb.europa.eu/paym/target/tips/html/index.en.htm...
- xyzzy123 4y agoSomething more like https://transparency.dev/verifiable-data-structures/ https://transparency.dev/verifiable-data-structures/ would probably be a better fit. The ideas are "blockchain adjacent" but without the waste.